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An update from Hindustan Unilever Limited ( (IN:HINDUNILVR) ) is now available.
Hindustan Unilever Limited has announced a Scheme of Arrangement with Kwality Wall’s (India) Limited, which involves the demerger and transfer of HUL’s ice cream business to KWIL. This move, sanctioned by the National Company Law Tribunal, allows KWIL to issue equity shares to HUL shareholders, reflecting a strategic realignment of HUL’s business focus. The scheme, effective from December 1, 2025, outlines the apportionment of acquisition costs for shareholders, impacting their investment in HUL and KWIL.
More about Hindustan Unilever Limited
Hindustan Unilever Limited (HUL) operates in the consumer goods industry, primarily focusing on products such as food, beverages, cleaning agents, personal care products, and water purifiers. The company is a prominent player in the Indian market, catering to a wide range of consumer needs.
Average Trading Volume: 136,812
Technical Sentiment Signal: Sell
Current Market Cap: 5415.1B INR
Find detailed analytics on HINDUNILVR stock on TipRanks’ Stock Analysis page.